RSDC Laghubitta proposes 10% dividend for the FY 2074/75; Dividend to be distributed after approval from NRB & AGM of the company

Sun, Sep 30, 2018 11:20 AM on Dividend, Bonus & Rights, Latest, Stock Market,

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has proposed 10% dividend for the FY 2074/75.

As per the information published in NEPSE, the microfinance company has announced 5% bonus shares worth Rs 2.87 crore and 5% cash dividend worth Rs 2.87 crore for its shareholders.

The decision is subject to approval from the Rastra Bank and AGM of the company.

After the adjustment of bonus shares, the paid-up capital of the company will increase to Rs 60.47 crore.

For the FY 2073/74, the company had provided 13% bonus shares to the shareholders.